Pacific Real Estate Center
Listed by Pacific Real Estate Center
$3,295,000
521 Arenas Unit 1 and 2
Details
APN 351-151-01-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,200
Units 2
Cap Rate 3.40%
Year Built 1973
Buildings 1
Lot Size (SqFt) 3,998
Zoning Duplex
Multifamily | 3.40% CAP | 2 Units
Marketing description
Exceptional coastal investment opportunity just blocks away from iconic Windansea Beach! This versatile property features two spacious 3BR/2BA units, currently operating as successful vacation rentals, offering outstanding flexibility for investors, owner-occupants, or multi-generational living. The larger, upstairs unit showcases beautiful ocean views and a private balcony, while the downstairs unit enjoys its own secluded yard, ideal for seamless indoor-outdoor coastal living. Each unit includes a detached 1 car-garage along with abundant additional off-street parking - a rare and highly valuable amenity in this coveted beachside location. Just moments from world class beaches, renowned dining, upscale shopping, and the vibrant village lifestyle of La Jolla, this is a rare opportunity to own a highly versatile income-producing property in one of South California's most sought-after coastal communities!
Listing Contacts
Pacific Real Estate Center
Listed by Pacific Real Estate Center
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